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08/28/2018

Booz Allen Hamilton Announces 208 New Jobs in Cumberland County

Booz Allen Hamilton, a management and technology consulting firm, will expand its current operations in Cumberland County, creating 208 new jobs over five years. The company expects to invest more than $5 million in the project by the end of 2020. “Booz Allen Hamilton is expanding here thanks to Cumberland County’s workforce, which is strengthened…

Japanese Company Dowa Thermotech Opening $22M, 109-Job Plant in Sanford

Dowa Thermotech, a global provider of industrial furnaces and heat protection treatments, will build its first North Carolina plant in Lee County, creating 109 jobs. The Japanese company plans to invest $22.5 million in Sanford with plans to serve clients in the automotive and industrial machinery supply chains. “Dowa Thermotech is the latest example of…

Record visitor spending in 2017 was reflected with visitor spending increases in all 100 North Carolina counties, state Secretary of Commerce Anthony M. Copeland announced today. Visitor spending reached nearly $5.4 billion in Mecklenburg, $2.3 billion in Wake, $1.4 billion in Guilford and $1.1 in Buncombe and Dare counties. Rounding out the top 10 counties…

Jackson Paper Manufacturing Company to Add 42 Jobs in Burke County

Jackson Paper Manufacturing Company, North Carolina’s largest recycled paper producer, will open a new plant in Burke County, creating 42 jobs. The company plans to invest approximately $14 million in its new plant in Morganton and begin operations in the 2nd quarter of 2019. This new facility will produce more than 1 billion square feet per…

Arch Capital to Open $12.9M Hub Bringing 365 New Jobs to Raleigh

Arch Capital Group Ltd., a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh and create 365 new jobs over four years. The company will invest $12.9 million in North Carolina by the end of 2019. “The overall attractiveness of the area, combined with our existing…

Experts and Economic Developers to Discuss Pillars of Rural Prosperity at EDPNC Conference

FOR IMMEDIATE RELEASE Local economic developers and civic leaders from more than 65 counties in North Carolina will be gathering July 12-13 to discuss approaches to supporting five building blocks necessary for rural communities to capitalize on the state’s economic momentum. The conference “Energizing Rural North Carolina: The Building Blocks of Successful Economic Development,” to…

Sensus USA, Inc., a provider of advanced metering technologies to utilities and municipalities, will expand its current operations in Durham County, creating 301 new jobs over five years. The company will invest $4 million in North Carolina by the end of 2019. Sensus is a wholly owned subsidiary of Xylem Inc., a leading global water…

North Carolina Takes Home the Gold for Economic Development Success

North Carolina has received Area Development magazine’s 2018 Gold Shovel Award, recognizing the state’s top-tier success in winning high-impact economic development projects in 2017. North Carolina, which in 2017 had one of its best years for job recruitment in over a decade, is one of only five states to receive a 2018 Gold Shovel Award….

AveXis, Inc., an Illinois-based clinical-stage gene therapy company developing treatments for rare and life-threatening neurological diseases, will locate a new manufacturing center in Durham County, creating 200 new jobs. The company is expected to invest approximately $55 million in the facility to produce potentially breakthrough therapies to address rare neurological genetic diseases. The announcement comes…

North Carolina Again Tops List of Most Competitive States in Economic Development Activity

North Carolina once again ranks as the most competitive state in economic development activity, according to a closely watched annual business ranking by Site Selection magazine. “Businesses big and small, domestic and foreign are investing in North Carolina for the same reasons they have been doing so all along — a healthy supply of workers…

Economic Developers Statewide to Convene on 5 Building Blocks of Rural Prosperity

FOR IMMEDIATE RELEASE The Economic Development Partnership of North Carolina (EDPNC) has invited local economic developers from every county in the state to an event examining five building blocks necessary for rural communities to capitalize on the state’s economic momentum. “Energizing Rural North Carolina: The Building Blocks of Successful Economic Development,” to be held July…